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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

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The financing consists of a Senior Convertible Note provided exclusively by funds and accounts managed by BlackRock Financial Management, Inc. Chargers paired with energy storage will optimize low-cost renewable energy sources and provide additional grid resiliency, allowing EVs to recharge and support critical facilities when power is out.

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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. Our ultracapacitors have four times the power density of Tesla’s. Ellex Raidla acted as legal advisors to Skeleton Technologies. million (US$48.4

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

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Bank of America joins Stanford’s Global Climate & Energy Project

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The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climate change and advancing low-carbon solutions. Bank of America is also working to reduce greenhouse gas emissions from its own operations.

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UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

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Despite this, an analysis of more than 1,800 major roads show that a small number of these—81 or 4%—are due to breach legal pollution limits for NO 2 , with 33 of these outside of London. The UK assesses air quality, as well as legal compliance with these obligations, via a combination of monitoring data and modeling.

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The Case for Nuclear Cargo Ships

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Hedging its bets, the industry is exploring ammonia, batteries, and hydrogen, among other options for powering ships. Nuclear-powered ships can go years without refueling. A large merchant ship, capable of carrying thousands of containers, could be powered by two (or more) 30-megawatt reactors. Why nuclear-powered ships?